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Nifty, Sensex Erase Weekly Losses With Just Friday's Rally On Hopes Of US-Iran Peal Deal

Benchmark indices ended sharply higher, reversing earlier losses for the week on the back of strong Friday gains. The NSE Nifty 50 rose 1.99% to close at 23,622.90, up 461.30 points. The BSE Sensex climbed 2.30% to 75,527.95, gaining 1,695.40 points. Both indices turned positive for the week, with Nifty and Sensex ending higher after earlier declines between Monday and Thursday. The rebound came after optimism around a potential US-Iran deal lifted sentiment across global markets and eased risk concerns. Meanwhile, crude prices declined in early Asia trading on Friday after US President Donald Trump said Washington and Tehran had reached a framework agreement, raising hopes of easing tensions in the Middle East. WTI crude futures for July delivery dropped 1.65% to $86.26 per barrel. Brent crude fell 4.6% to $86.3 per barrel. The slump in crude oil prices came after a draft memorandum between the US and Iran includes provisions to ease tensions and restore energy flows, a...

Akram Under Fire, Cyber Crime Complaint Filed Against Pakistan Great: Report

A complaint has been filed against former Pakistan captain Wasim Akram for allegedly endorsing and associating with an online "gambling and betting" platform related to sports, an official said on Tuesday. A complainant, Muhammad Fiaz, has filed an application with the National Cyber Crime Investigation Agency (NCCIA) in Lahore, seeking legal action against Akram for allegedly promoting a gambling and betting app. He said the former fast bowler was linked with a foreign betting app — Baji — as its brand ambassador.

"A poster circulating on social media and a video clip show Wasim Akram endorsing the online platform, which has sparked interest among general users in the app," the complainant said.

He requested the NCCIA to take strict legal action against Akram under the Electronic Crimes Act of 2016.

An NCCIA official told PTI on Tuesday that it had received a complaint against Akram for being a brand ambassador of a foreign betting app and said, "We will take action against him if the allegations are found to be true."

Akram has not yet issued any statement regarding the matter. In connection with the promotion of the same online app, famous TikToker and YouTuber Saad-ur-Rehman, popularly known as Ducky Bhai, was arrested on Saturday.

Recently, Wasim Akram, Pakistan great and one of the most lethal pacers in the history of the game, was impressed by Mohammed Siraj and termed his performance against England as “the best" he has seen in the recent past.

"I rarely watch cricket when I'm not working, but I was glued to the last day. Siraj was full of hunger and passion – it was an incredible effort. To bowl nearly 186 overs across five Tests and still be that fiery on the final day shows remarkable stamina and mental strength. He's not just a support bowler anymore. He's leading the attack and doing it with heart. Even when a catch went down– that of Brook – he didn't lose focus. That's the mark of a fighter. Test cricket is alive and kicking," Akram said in an interview to Telecom Asia Sport.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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